DislikedYou are right but I dont use the moving average to determine if i will take a trade or not...for me I am a price action trader mostly and will look for previous areas of support and resistance for both entries and targets..I would agree that using the MA is the safer entry but if a person understands order flow for me the MA just gets in the way...if you look left on your chart you can see that price was moving away from a demand/support zone created during the london session...Ignored
- Post #1,284
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- Edited 10:17am Mar 3, 2010 8:57am | Edited 10:17am
- | Joined Dec 2007 | Status: Member | 336 Posts
Without vision, the people will perish.
- Post #1,291
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- Mar 4, 2010 7:59am Mar 4, 2010 7:59am
KYSS - KEEP YOU SCREEN SIMPLE - GO WITH THE HEARD - TREND IS YOUR FRIEND
- Post #1,292
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- Mar 4, 2010 8:07am Mar 4, 2010 8:07am
KYSS - KEEP YOU SCREEN SIMPLE - GO WITH THE HEARD - TREND IS YOUR FRIEND
- Post #1,294
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- Edited 11:48am Mar 4, 2010 11:20am | Edited 11:48am
- Joined May 2008 | Status: Grand Poopaw | 1,488 Posts
- Post #1,295
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- Edited 11:51am Mar 4, 2010 11:30am | Edited 11:51am
- | Joined Dec 2007 | Status: Member | 336 Posts
Without vision, the people will perish.
- Post #1,296
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- Mar 4, 2010 12:01pm Mar 4, 2010 12:01pm
- Joined May 2008 | Status: Grand Poopaw | 1,488 Posts
- Post #1,299
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- Mar 4, 2010 3:42pm Mar 4, 2010 3:42pm
- | Joined Dec 2007 | Status: Member | 336 Posts
Without vision, the people will perish.